Ultimate Media The Ministry of Energy and Mineral development has today commissioned a 1.5 million dollar gold refinery in Kampala. Victoria gold star refinery will help to stimulate the mining sector development which will add value to mineral ores and also increase mineral trade in the country. State Minister in charge of energy and […]
Ultimate Media The East African investment conference has ended today with a call to member states of Uganda, Kenya, Tanzania, Rwanda and Burundi to implement recommendations aimed at fostering economic growth at regional level. The conference attended by over 2500 delegates has resolved to tackle non-tariff and improve investment in electricity generation to boost […]
Working towards attaining a dream is one thing but realizing it is another thing. When most people get well paying jobs, one of the first items they want to buy is a house. But many are limited to acquiring their dream houses due to insufficient funds. But today, banks have come on board to give […]
Microfinance institutions are the main source of financing for many farmers across the country. Many MFIs have a strict regime of repayment, from over 3% interest rate per month to weekly repayment instalments. Farming is not only a long-term activity, but also risky as farmers are faced with vagaries of weather, pests and diseases as […]
Many of people know bananas as simply a food crop. But bananas in their different variety provide a lot of opportunities not just for food security but also producing different products and earning stable income for farmers and traders. Gabula Atudde Women’s Group of Mukono in Uganda outlines the types and uses of bananas and […]
The potential that Uganda’s oil sector presents has been confirmed beyond doubt. Tullow Uganda Country Manager, Brian Glover says if Uganda can produce 200, 000 barrels of oil per day, it would generate $5 billion (about 12 trillion shillings) in export earnings for the country, whose current total export earnings stand at $2billion. But according […]
Ultimate Media The Uganda Revenue Authority (URA) has today announced that it registered a tax revenue shortfall of about 41 billion shillings in March 2010. The URA Commissioner in charge of Public Affairs, Paul Kyeyune says that the deficit in revenue collections were due to tax leakages. Kyeyune however says the overall trend of […]
Ultimate Media The Uganda Exports promotion Board has started a survey to establish the extent of the damage created by the cancellation of European flights. The Board says many exporting companies have registered losses of about 75,000 Euros a week in the Food and vegetables exports despite trying to use alternative means and routes […]
Ultimate Media The President General of the Democratic Party in Uganda, Norbert Mao has asked the government of Uganda to buy all Shell outlets in the country. Shell outlets in Uganda and many others outside the country are now on sale. Mao says the government of Uganda would in future benefit from the deal […]
The Commonwealth Secretariat has confirmed that Commonwealth Secretary-General Kamalesh Sharma address the 14th conference of the Commonwealth Broadcasting Association that is slated to take place in Johannesburg, South Africa. The conference that brings together executives in Africa’s radio and television industry will take place from 18th to 20th April. According to a press release from […]